Investment Objective Guidelines
Pursuant to various securities regulation, LFA is required to ask you to identify your investment objectives for each of your
accounts with our firm. Provided below are descriptions and examples of LFA’s client investment objectives. It is important for
you to review these descriptions to ensure that the investment objective selection you make is appropriate, understanding your
own goals, objectives and time horizons.
Principal Stability


Emphasis on avoiding capital losses
Real growth of income and principal is of minor
importance
 Intent is to preserve current wealth and provide
current income by investing almost exclusively in fixed
income oriented assets.
 A small portion of the portfolio may be invested in
growth or equity oriented investments to add an
element of real growth without creating undue
exposure to risk of loss
Current Income

Primary emphasis on stable current income with
principal stability having moderate importance
 Real growth of income and principal is of secondary
importance
 Intent is to provide a significant and steady income
stream by investing a majority of the portfolio in fixed
income oriented assets
 A small to moderate portion of the portfolio is invested
in growth and equity oriented investments to support
the secondary objective of real growth of principal and
income over time
Income with Moderate Growth

Primary emphasis on current income with real growth
of income and principal having moderate importance
 Stability of principal is of lesser importance
 Intent is to provide a steady income stream by
investing a majority of the portfolio in fixed income
oriented assets while maintaining a moderate
allocation to growth and equity oriented investments to
facilitate real growth in income and principal over time
Growth with Moderate Income

Primary emphasis on real growth in assets and,
hence, future income
 Current income and avoiding risk of loss are of
secondary importance
 Intent is to produce real growth in principal and
income over time by investing the majority of the
portfolio in growth and equity oriented investments
while maintaining a moderate allocation to fixed
income oriented investments to help reduce the
overall risk of loss of the portfolio
Growth

Emphasis on capital appreciation with avoiding risk
of loss having minor importance
 Current income is not a consideration
 Intent is to grow wealth over time by investing a
significant majority of the portfolio in growth and
equity oriented assets
 While a small to moderate allocation to fixed income
oriented investments is maintained to provide a
small degree of risk reduction, loss of principal over
short to intermediate time periods can be expected.
Aggressive Growth


Emphasis on maximizing capital appreciation
Avoiding risk of loss is not important and income is
not a consideration
 The intent is to grow wealth significantly over long
time horizons by investing almost exclusively in
growth and equity oriented assets
 Loss of principal over short to intermediate time
periods is likely
Balanced Growth and Income

Equal emphasis on current income and capital
appreciation
 Avoiding risk of short-term loss is of lesser importance
 Approximately half of the portfolio is invested in
income oriented assets, with the remaining portion
invested in growth oriented assets
 Growth and equity oriented investments seek capital
appreciation over time while fixed income oriented
assets reduce the overall risk of loss of the portfolio
An investment in a money market fund is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to
preserve the value of
your investment at $1.00 per share, it is possible to lose money by investing in the fund.
Bond funds are less volatile than stock funds, but experience higher volatility and increased credit risk when compared to other fixed income
investments.
High yield bonds experience higher volatility and increased credit risk when compared to other fixed income investments.
Funds that diversify across asset classes generally have the same, but reduced, risks relative to the underlying asset classes.
Small-cap stocks may be riskier than stocks from more established companies. Small-cap investments may not be readily converted into cash.
This may affect
their value so that shares, when redeemed, may be worth more or less than what they originally cost.
International investing involves special risks not found in domestic investing, including increased political, social, economic and currency
instability.
There are special risk factors associated with REITS, such as interest rate risk and the illiquidity of the real estate market. Shares, when
redeemed, may be worth
more or less than the original amount invested.
The Lincoln Fixed Annuity is issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, 46802, on Form 28866 and state
variations thereof.
Guarantees are based upon the claims-paying ability of the issuer.
Form 33615 08/2006
Lincoln Financial Advisors